Does this High Net Worth Individual’s Balance Sheet Inspire or Depress You?

Everyday I have a high net worth balance sheet put in front of my face. Everyday I will put together a balance sheet that will go way north of the $1,000,000 that people tend to strive for, but most won’t make.

There seems to be a disgusting amount of class warefare going on in today’s society, but for me, these balance sheets give me motivation, but forget me (just for today…) does this one example give you a sense of “I can do that one day” or “What the hell is the point of trying”?

19 Responses to Does this High Net Worth Individual’s Balance Sheet Inspire or Depress You?

I think it’s always interesting to take a peek into someone else’s finances. It’s not always motivating or demotivating just because someone has a high net worth… interesting to see different situations… but it’s always good to hear the story behind the numbers. Otherwise the numbers are out of context and you don’t really know anything about the individual.

People have a gut reaction that may or may not be out of context, but it is still there…my question is do these ROUNDED DOWN numbers inspire you to continue and beat the crap out of the personal finance blogging world, or pack up your bags and think I’ll never be that big?

Personally, no, the numbers above are not inspiring to me because they mean nothing. Those numbers could have been the same for 20 years. How inspiring would it be to make no progress 20 years? Even worse, these numbers could reflect a downward trend. That’s not inspiring. Numbers on a page without context are mostly meaningless. The only thing I can draw from the table above is Mrs. Smith is a gold-digger. (OK, and even that is making a number of assumptions that could well be wrong.)

There are people who are inspired by big numbers on a balance sheet, and that’s fine for them. I’m more inspired by thinking about my own goals and interests.

Wow, that’s pretty inspiring alright. I kind of feel like a slacker after seeing those numbers! While inspiring, I’d be happy with just a quarter of what they have!!!

What an interesting position you must be in! I’m sure you’ll have millions some day, but do you forsee yourself getting up to that level? I guess anything is possible, and you aren’t one to let moss grow…

Not 75 old but not 30 young. We havne’t gotten far enough into the relationship to determine why retirement accounts are a lower % of their net worth.

To be honest I am going to assume that the $16,500 didn’t mean squat to them, and no one approached them with a more creative retirement solution like a 412i, Defined benefit, etc. where six figures could be saved per year.

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